Archives of “Aviation” tag

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US accuses China government of blocking US airlines flying to China

  
  Analysis
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The US Transportation Department is trying to persuade China to allow the resumption of US passenger flights in.

  • Reuters says the department notes that Delta and United want to resume passenger flights to China in June – but said US government talks with China had failed to produce an agreement
  • The dept temporarily blocked some China flights inbound the US this week.
More detail at that link above. This does seem to be a minor sort of spat, but as I noted previously, add it to the list if issues between the US and China:
  • coronavirus origin and spread
  • trade
  • tension over new rules from Beijing to be imposed on Hong Kong
  • Taiwan
  • and maybe nuclear tests soon?
The US Transportation Department is trying to persuade China to allow the resumption of US passenger flights in.

Australia – Virgin airline has collapsed, voluntary administrators called in

  
  Analysis
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Virgin Airline in Australia was hit by the evaporation in demand for travel

From the airline statement:
  • Virgin Australia Holdings Limited (ASX: VAH) (Virgin Australia Group or Group) has entered voluntary administration
  • to recapitalise the business and help ensure it emerges in a stronger financial position on the other side of the COVID-19 crisis
  • Velocity Frequent Flyer, while owned by the Group, is a separate company and is not in administration. 
  • The decision comes as the Group has continued to seek financial assistance from a number of parties, including State and Federal Governments, to help it through the unprecedented crisis, however is yet to secure the required support. 
  • Virgin Australia will continue to operate its scheduled international and domestic flights which are helping to transport essential workers, maintain important freight corridors, and return Australians home. 
There is more but that’s it in a nutshell.
Virgin Airline in Australia was hit by the evaporation in demand for travel

China-US flights to be restricted to 7 airports starting Sunday

  
  Analysis
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China flight entries to be kept to 7 airports

The US also announced that all Americans returning from Hubei province will be quarantined for two weeks.
The French press reported earlier in the week that China demanded that all people being airlifted out of Hubei be quarantined by two weeks. The thinking was that they didn’t want to be responsible for an outbreak elsewhere — something that would trigger anti-China sentiment. The US first said it was going to have a voluntary quarantine but it now appears as though they have fallen in line.

Ukrainian airliner had technical problem prior to crash – initial Iran investigation report

  
  Analysis
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Iran maintains that the plane had technical difficulties leading up to the crash

The initial investigation report is being cited by the Iranian Civil Aviation Organisation and adds that the aircraft was headed towards the airport before crashing.

This is a story that will be talked about for quite some time yet. It is almost unfathomable that an aircraft will just spontaneously combust – especially in this day and age.
The fact that Iran is reportedly not wanting to release the blackbox of the aircraft to Boeing also doesn’t help its case in all honesty.
  
Analysis, US Market
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A few big names weighed and tech struggled

On the day:
  • S&P 500 down 12 points to 2986 (-0.4%)
  • DJIA -0.9%
  • Nasdaq -0.8%
On the week:
  • S&P 500 +0.5%
  • DJIA -0.2%
  • Nasdaq +0.4%
A report saying that there are text messages showing Boeing executives worked to hide safety problems from the FAA sent shares of the industrial giant down 6.38% in the biggest slide since Feb 2016. Shares of J&J were also soft on a lawsuit.
The S&P 500 is consolidating ahead of the all-time high of 3027.
A few big names weighed and tech struggled

Reuters – FAA has identified a new risk on the Boeing 737 MAX

  
  Analysis
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A report on what the U.S. Federal Aviation Administration says is a new risk that Boeing must address

  • discovered during a simulator test last week
  • not yet clear if the issue can be addressed with a software upgrade or will require a hardware fix
Reuters citing ‘sources with knowledge of the matter’.
  • Means Boeing will not conduct a certification test flight until July 8 in a best-case scenario, the sources said … one source cautioned
A report on what the U.S. Federal Aviation Administration says is a new risk that Boeing must address 
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